USDCAD - Wait for good levels to continue shorting
USDCAD has completed a double bottom reversal on the H1 timeframe.
This suggests that there could be deeper correction upwards next week.
I will be patiently waiting at 1.2670 for potential short setups.
I will be monitoring the vol indicator for extreme high vol at resistance.
This could be an easy trade back to 1.2370.
Do not use pending orders, always wait for the vol indicators to guide you on entry.
This suggests that there could be deeper correction upwards next week.
I will be patiently waiting at 1.2670 for potential short setups.
I will be monitoring the vol indicator for extreme high vol at resistance.
This could be an easy trade back to 1.2370.
Do not use pending orders, always wait for the vol indicators to guide you on entry.